diff --git a/src/wp-includes/block-bindings/post-meta.php b/src/wp-includes/block-bindings/post-meta.php
index 5aa6bf048d07d..75062f5ca3ea9 100644
--- a/src/wp-includes/block-bindings/post-meta.php
+++ b/src/wp-includes/block-bindings/post-meta.php
@@ -34,6 +34,19 @@ function _block_bindings_post_meta_get_value( array $source_args, $block_instanc
 		return null;
 	}
 
+	// Check if the meta field is protected.
+	if ( is_protected_meta( $source_args['key'], 'post' ) ) {
+		return null;
+	}
+
+	// Check if the meta field is registered to be shown in REST.
+	$meta_keys = get_registered_meta_keys( 'post', $block_instance->context['postType'] );
+	// Add fields registered for all subtypes.
+	$meta_keys = array_merge( $meta_keys, get_registered_meta_keys( 'post', '' ) );
+	if ( empty( $meta_keys[ $source_args['key'] ]['show_in_rest'] ) ) {
+		return null;
+	}
+
 	return get_post_meta( $post_id, $source_args['key'], true );
 }
 
diff --git a/tests/phpunit/tests/block-bindings/postMetaSource.php b/tests/phpunit/tests/block-bindings/postMetaSource.php
new file mode 100644
index 0000000000000..81a8a5861adc3
--- /dev/null
+++ b/tests/phpunit/tests/block-bindings/postMetaSource.php
@@ -0,0 +1,269 @@
+<?php
+/**
+ * Tests for Block Bindings API "core/post-meta" source.
+ *
+ * @package WordPress
+ * @subpackage Blocks
+ * @since 6.5.0
+ *
+ * @group blocks
+ * @group block-bindings
+ */
+class Tests_Block_Bindings_Post_Meta_Source extends WP_UnitTestCase {
+	protected static $post;
+	protected static $wp_meta_keys_saved;
+
+	/**
+	 * Modify the post content.
+	 *
+	 * @param string $content The new content.
+	 */
+	private function get_modified_post_content( $content ) {
+		$GLOBALS['post']->post_content = $content;
+		return apply_filters( 'the_content', $GLOBALS['post']->post_content );
+	}
+
+	/**
+	 * Sets up shared fixtures.
+	 */
+	public static function wpSetUpBeforeClass( WP_UnitTest_Factory $factory ) {
+		self::$post               = $factory->post->create_and_get();
+		self::$wp_meta_keys_saved = isset( $GLOBALS['wp_meta_keys'] ) ? $GLOBALS['wp_meta_keys'] : array();
+	}
+
+	/**
+	 * Tear down after class.
+	 */
+	public static function wpTearDownAfterClass() {
+		$GLOBALS['wp_meta_keys'] = self::$wp_meta_keys_saved;
+	}
+
+	/**
+	 * Set up before each test.
+	 *
+	 * @since 6.5.0
+	 */
+	public function set_up() {
+		parent::set_up();
+		// Needed because tear_down() will reset it between tests.
+		$GLOBALS['post'] = self::$post;
+	}
+
+	/**
+	 * Tests that a block connected to a custom field renders its value.
+	 *
+	 * @ticket 60651
+	 */
+	public function test_custom_field_value_is_rendered() {
+		register_meta(
+			'post',
+			'tests_custom_field',
+			array(
+				'show_in_rest' => true,
+				'single'       => true,
+				'type'         => 'string',
+				'default'      => 'Custom field value',
+			)
+		);
+
+		$content = $this->get_modified_post_content( '<!-- wp:paragraph {"metadata":{"bindings":{"content":{"source":"core/post-meta","args":{"key":"tests_custom_field"}}}}} --><p>Fallback value</p><!-- /wp:paragraph -->' );
+		$this->assertSame(
+			'<p>Custom field value</p>',
+			$content,
+			'The post content should show the value of the custom field . '
+		);
+	}
+
+	/**
+	 * Tests that an html attribute connected to a custom field renders its value.
+	 *
+	 * @ticket 60651
+	 */
+	public function test_html_attribute_connected_to_custom_field_value_is_rendered() {
+		register_meta(
+			'post',
+			'tests_url_custom_field',
+			array(
+				'show_in_rest' => true,
+				'single'       => true,
+				'type'         => 'string',
+				'default'      => 'https://example.com/foo.png',
+			)
+		);
+
+		$content = $this->get_modified_post_content( '<!-- wp:image {"metadata":{"bindings":{"url":{"source":"core/post-meta","args":{"key":"tests_url_custom_field"}}}}} --><figure class="wp-block-image"><img alt=""/></figure><!-- /wp:image -->' );
+		$this->assertSame(
+			'<figure class="wp-block-image"><img decoding="async" src="https://example.com/foo.png" alt=""/></figure>',
+			$content,
+			'The image src should point to the value of the custom field . '
+		);
+	}
+
+	/**
+	 * Tests that a blocks connected in a password protected post don't render the value.
+	 *
+	 * @ticket 60651
+	 */
+	public function test_custom_field_value_is_not_shown_in_password_protected_posts() {
+		register_meta(
+			'post',
+			'tests_custom_field',
+			array(
+				'show_in_rest' => true,
+				'single'       => true,
+				'type'         => 'string',
+				'default'      => 'Custom field value',
+			)
+		);
+
+		add_filter( 'post_password_required', '__return_true' );
+
+		$content = $this->get_modified_post_content( '<!-- wp:paragraph {"metadata":{"bindings":{"content":{"source":"core/post-meta","args":{"key":"tests_custom_field"}}}}} --><p>Fallback value</p><!-- /wp:paragraph -->' );
+
+		remove_filter( 'post_password_required', '__return_true' );
+
+		$this->assertSame(
+			'<p>Fallback value</p>',
+			$content,
+			'The post content should show the fallback value instead of the custom field value.'
+		);
+	}
+
+	/**
+	 * Tests that a blocks connected in a post that is not publicly viewable don't render the value.
+	 *
+	 * @ticket 60651
+	 */
+	public function test_custom_field_value_is_not_shown_in_non_viewable_posts() {
+		register_meta(
+			'post',
+			'tests_custom_field',
+			array(
+				'show_in_rest' => true,
+				'single'       => true,
+				'type'         => 'string',
+				'default'      => 'Custom field value',
+			)
+		);
+
+		add_filter( 'is_post_status_viewable', '__return_false' );
+
+		$content = $this->get_modified_post_content( '<!-- wp:paragraph {"metadata":{"bindings":{"content":{"source":"core/post-meta","args":{"key":"tests_custom_field"}}}}} --><p>Fallback value</p><!-- /wp:paragraph -->' );
+
+		remove_filter( 'is_post_status_viewable', '__return_false' );
+
+		$this->assertSame(
+			'<p>Fallback value</p>',
+			$content,
+			'The post content should show the fallback value instead of the custom field value.'
+		);
+	}
+
+	/**
+	 * Tests that a block connected to a meta key that doesn't exist renders the fallback.
+	 *
+	 * @ticket 60651
+	 */
+	public function test_binding_to_non_existing_meta_key() {
+		$content = $this->get_modified_post_content( '<!-- wp:paragraph {"metadata":{"bindings":{"content":{"source":"core/post-meta","args":{"key":"tests_non_existing_field"}}}}} --><p>Fallback value</p><!-- /wp:paragraph -->' );
+
+		$this->assertSame(
+			'<p>Fallback value</p>',
+			$content,
+			'The post content should show the fallback value.'
+		);
+	}
+
+	/**
+	 * Tests that a block connected without specifying the custom field renders the fallback.
+	 *
+	 * @ticket 60651
+	 */
+	public function test_binding_without_key_renders_the_fallback() {
+		$content = $this->get_modified_post_content( '<!-- wp:paragraph {"metadata":{"bindings":{"content":{"source":"core/post-meta"}}}} --><p>Fallback value</p><!-- /wp:paragraph -->' );
+
+		$this->assertSame(
+			'<p>Fallback value</p>',
+			$content,
+			'The post content should show the fallback value.'
+		);
+	}
+
+	/**
+	 * Tests that a block connected to a protected field doesn't show the value.
+	 *
+	 * @ticket 60651
+	 */
+	public function test_protected_field_value_is_not_shown() {
+		register_meta(
+			'post',
+			'_tests_protected_field',
+			array(
+				'show_in_rest' => true,
+				'single'       => true,
+				'type'         => 'string',
+				'default'      => 'Protected value',
+			)
+		);
+
+		$content = $this->get_modified_post_content( '<!-- wp:paragraph {"metadata":{"bindings":{"content":{"source":"core/post-meta","args":{"key":"_tests_protected_field"}}}}} --><p>Fallback value</p><!-- /wp:paragraph -->' );
+
+		$this->assertSame(
+			'<p>Fallback value</p>',
+			$content,
+			'The post content should show the fallback value instead of the protected value.'
+		);
+	}
+
+	/**
+	 * Tests that a block connected to a field not exposed in the REST API doesn't show the value.
+	 *
+	 * @ticket 60651
+	 */
+	public function test_custom_field_not_exposed_in_rest_api_is_not_shown() {
+		register_meta(
+			'post',
+			'tests_show_in_rest_false_field',
+			array(
+				'show_in_rest' => false,
+				'single'       => true,
+				'type'         => 'string',
+				'default'      => 'Protected value',
+			)
+		);
+
+		$content = $this->get_modified_post_content( '<!-- wp:paragraph {"metadata":{"bindings":{"content":{"source":"core/post-meta","args":{"key":"tests_show_in_rest_false_field"}}}}} --><p>Fallback value</p><!-- /wp:paragraph -->' );
+
+		$this->assertSame(
+			'<p>Fallback value</p>',
+			$content,
+			'The post content should show the fallback value instead of the protected value.'
+		);
+	}
+
+	/**
+	 * Tests that meta key with unsafe HTML is sanitized.
+	 *
+	 * @ticket 60651
+	 */
+	public function test_custom_field_with_unsafe_html_is_sanitized() {
+		register_meta(
+			'post',
+			'tests_unsafe_html_field',
+			array(
+				'show_in_rest' => true,
+				'single'       => true,
+				'type'         => 'string',
+				'default'      => '<script>alert("Unsafe HTML")</script>',
+			)
+		);
+
+		$content = $this->get_modified_post_content( '<!-- wp:paragraph {"metadata":{"bindings":{"content":{"source":"core/post-meta","args":{"key":"tests_unsafe_html_field"}}}}} --><p>Fallback value</p><!-- /wp:paragraph -->' );
+
+		$this->assertSame(
+			'<p>alert(&#8220;Unsafe HTML&#8221;)</p>',
+			$content,
+			'The post content should not include the script tag.'
+		);
+	}
+}
diff --git a/tests/phpunit/tests/block-bindings/render.php b/tests/phpunit/tests/block-bindings/render.php
index 03da454e87b3d..aac4c417fd43f 100644
--- a/tests/phpunit/tests/block-bindings/render.php
+++ b/tests/phpunit/tests/block-bindings/render.php
@@ -198,4 +198,40 @@ public function test_update_block_with_value_from_source_image_placeholder() {
 			'The block content should be updated with the value returned by the source.'
 		);
 	}
+
+	/**
+	 * Tests if the block content is sanitized when unsafe HTML is passed.
+	 *
+	 * @ticket 60651
+	 *
+	 * @covers ::register_block_bindings_source
+	 */
+	public function test_source_value_with_unsafe_html_is_sanitized() {
+		$get_value_callback = function () {
+			return '<script>alert("Unsafe HTML")</script>';
+		};
+
+		register_block_bindings_source(
+			self::SOURCE_NAME,
+			array(
+				'label'              => self::SOURCE_LABEL,
+				'get_value_callback' => $get_value_callback,
+			)
+		);
+
+		$block_content = <<<HTML
+<!-- wp:paragraph {"metadata":{"bindings":{"content":{"source":"test/source"}}}} -->
+<p>This should not appear</p>
+<!-- /wp:paragraph -->
+HTML;
+		$parsed_blocks = parse_blocks( $block_content );
+		$block         = new WP_Block( $parsed_blocks[0] );
+		$result        = $block->render();
+
+		$this->assertSame(
+			'<p>alert("Unsafe HTML")</p>',
+			trim( $result ),
+			'The block content should be updated with the value returned by the source.'
+		);
+	}
 }